Walgreen Co. (NYSE: WAG) (NASDAQ: WAG), the largest drugstore chain in the U.S., and Alliance Boots GmbH, a leading international pharmacy-led health and beauty group, today announced that Alex Gourlay, Chief Executive of the Health & Beauty Division, Alliance Boots, has been appointed as Walgreens Executive Vice President, President of Customer Experience and Daily Living, effective Oct. 1.
In this new role reporting to Walgreens President and Chief Executive Officer Greg Wasson, Gourlay will lead an enhanced Walgreens Daily Living business operation overseeing customer experience, U.S. merchandising, marketing, customer insights, daily living products and promotions. The move follows the Walgreens and Alliance Boots strategic partnership announcement in June 2012, when the companies set forth a two-step process that would allow for the thoughtful integration of the two organizations. That process began at the end of 2012 with the establishment of a joint venture in Switzerland and the transition of key Walgreens and Alliance Boots executives to that entity.
Wasson said, “We are very pleased to welcome Alex to Walgreens as we continue to advance our Alliance Boots strategic partnership. Alex’s move to lead the Walgreens Daily Living and Merchandising team represents another important step forward, and is a key part of our cultural integration. At Walgreens, Alex will lead a strong Daily Living business team – which is already building momentum – to further advance our vision to be the first choice in health and daily living for everyone in America, and beyond. As he gains more experience in the U.S. market, we will be better positioned than ever to accelerate our daily living journey by combining the best practices of both Walgreens and Alliance Boots. Alex’s new position is a clear testament to the positive progress we are making in bringing our two organizations together. In the future, you can expect to hear about additional moves by both organizations to further support the combination of our two iconic brands.”
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